The banking sector’s growth trajectory and how AKEL is trying to stop it

An attempt is being made at all costs to halt the development trajectory of the banking sector

07:50 - 04 December 2024

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Central Bank Governor opposes taxation of banks’ windfall profits - "It discourages foreign investments"

Greek PM has also spoke out against, as AKEL pushes for legislation to tax banks' "unexpected" profits

10:24 - 03 December 2024

Central Bank Govenor Christodoulos Patsalides

CBC Governor: Cypriot banks adjust interest rates at a slower pace

The small size of the Cyprus economy contributes to a slower adjustment of interest rates than in larger economies

07:40 - 03 December 2024

Why Revolut chose Cyprus for its European crypto operations base

Revolut in Cyprus CEO Costas Michael and CFO Christos Drakos talk about the reasons behind the neobanking giant’s decision

07:15 - 30 November 2024

Bank of Cyprus covered bonds achieve AAA rating by Moody’s

The upgrade follows the increase of Cyprus' local-currency bond ceiling to Aaa from Aa2

16:17 - 28 November 2024

Hellenic Bank reduces base interest rate by 0.21%

The changes brings the Bank's base interest rate down from 2.12% to 1.91%, effective 18 November

14:01 - 18 November 2024

Andreas Livadiotis: Cyprus has truly become the fintech capital of the area

The Founder & CEO of XValley Technologies Ltd says Prop Trading is the trend to look out for

07:00 - 18 November 2024

Johny Abuaitah: I believe that AI will be the true game-changer for brokers in the coming years

Windsor Brokers' CEO explains how regulatory changes are affecting CIFs and highlights AI's game-changing impact on brokers

04:45 - 17 November 2024

CySEC powers on with financial literacy lectures in schools

Officer Konstantinos Papageorgiou delivered another educational lecture at Archibishop Makarios III Lyceum in Dasoupoli

07:02 - 15 November 2024

Alpha Bank Cyprus undergoing an overhaul

It is strategically preparing for a complete transformation and implementation of its new business plan for 2025

15:49 - 13 November 2024

Demetra Kalogerou: The DORA Regulation sets the framework for strengthening resilience – its success is up to the organisations

The former Chairwoman of CySEC addressed the Digital Operational Resilience Act (DORA) Conference

14:09 - 13 November 2024

Cypriot banks’ lending rates remained high in September

The Central Bank of Cyprus said the general interest rate increased from 4.33% in August to 4.49% in September

14:19 - 12 November 2024

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Bank of Cyprus reports profits of €401m for first nine months of 2024

Supervisory approval for the payment of a dividend is pending, the Bank has stated

10:38 - 12 November 2024

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Financial Services

The banking sector’s growth trajectory and how AKEL is trying to stop it

Central Bank Governor opposes taxation of banks’ windfall profits - "It discourages foreign investments"

CBC Governor: Cypriot banks adjust interest rates at a slower pace

Why Revolut chose Cyprus for its European crypto operations base

Bank of Cyprus covered bonds achieve AAA rating by Moody’s

Eurobank and J.P. Morgan Asset Management sign MoU

€492m deal with Demetra and Logicom puts Eurobank in the running for 100% of Hellenic Bank

Mastercard’s Natalia Lechmanova: Cyprus’ economy has experienced an incredible recovery since the pandemic

Fokion Karavias: Through Hellenic Bank, we also acquired an insurance firm – We are seeking further opportunities

Wellington Management Group LLP acquires 4.75% of the Bank of Cyprus

New applications for startups will be accepted by the IDEA Innovation Center

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